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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Aug. 27, 1917)
- THE OREGON v DAILY JOURNAL, PORTLAND. MONDAY, AUGUST 27, .1917. 13 X wheat Mowers determined to get more for supplies Editsd by Hynian H. Cohen SLIGHTLY LOIR. IN POTATO MARKET FIRST DAY OF WEEK Slightly Increased Offerings Create Softer Tone in Trade Eastern Crop .Vow Proven Much Over estimated Some Points Up. Slightly lower price ruled for pod tor. of ordinary qoallty on the local market on tbs first day of tbe week, sales bring made gen erally at I2.25tj2.50 per c-ntal. The latter wu tbaextretne quotation fur tbe day. maA n fleeted to mow extent be more liberal offer iOfa by farmer. ' While the volume of potato offering bere at thla time ki not beavj. atlll tha trade la getting Ita Immediate rjulrwo!; In fact, slightly mora than It need from day to da. Little real faDcjr ilwt I offering t tbla time bersuse U i nut la the onn.tr). Market for potatoes la shooing a stronger tone la the aaatem trade again. Conflruiat.'io of The Journal-, report that the eastern -rp baa been much overeat iniated la now coming forward. The United State, hurvau of markets report, tb essteru trade f Utt week follow, : Potato pricaa have adsnd steadily during tbe peat week of AuQt 7 to 14, until th lart few days, when tliry began to dcrllne. despite the fact that ablomeurs tbi paat week were 2505 cara, or uwrf tban .". rmr ibotf t lie pre? km week. Potau- frin eastern armr I Virginia and Varilr,.l rr selling I u. b t W.-mj to 13 3W lilb la cou.i.f-rablv lr than Ibe iri e of-tbe in.udle of Uie ek. a: tbough hlgrier than tbe prlre of a wee agj. New Jersvy. which waa tUe besvieal aMpoer tbla Iaat wt, originated 0"3 car. Ttv-s Jiae been selllrg In wiirlesle lot, at $; 50 to $1) per boanel. a compared lib the price of llOO to 1 la at rear at tbl time Pot a toe are beta; hlti-d from a iuilj aa, 'JO state. However. New Jwk-t and eaatcrn mh"rr ot Virginia are b far tbe heaviest alilpier. lli la paat week oolon shipments amoantrd to 26-1 rara, wb!tb wa considerably more t;an tbe week previjp. Xlaa-buvita and .New Jersey wrtloiia both shipped considerably mure thsii , week ago. Washington and ( li'urnt". whkh arc now tbe Lea t l,-t ahiooer. are mov ing onlj (bout one tli rd a many : aa laat fear. Iiesplts tbe heavier eblpnieut tbia paat week, prke bate been ellgblly firmer improved demand . PLANT DISEASES A SERIOUS FACTOR IN EOF INCREAS CROPS Government Appoint College Man to Aid Movement in Eradicating Test in State Sharp right for Control to Be Made, Oregon Agricnlttiral College. Co rr a Ilia, A eg 27 President Wllaon'a appeal for tbe blrgeat crop la tb bletory of tbe country In 1918 rairaot be fall luat 1a Oregon onleaa tba bugs Inane, do to plant dlseaao. are Batrriill ra daced. ao pbvna hare been laid to reduce them n.r United Ktatea department of acricultore apiolnted H. P. Barsa, p.ant patboi gl,t ba at Oregon, Agricultural eoll.a. chief rotlabora tor of the national plant dlaeaaa aareeT for Urena, ,od he la aaklng for volunteers to gather and report lnipotiant dleaaea In erery part of the itate. The lnf'annatloo tboa obtabaed will be made tbe ban la for a fcharp flgtit on plant dUviaes. It win be aupplled bj eoluateer f.r.-ea nerrluc without pa, but each eokin ler will be afk-d to report on on! a email area. Klanka 111 be provided to those who an- willing and able to nliat In tbe work. 'armer baring , practical knowledge of crop cmdltlona. Oregon Agrb-ultural graduates and otbera qualified, are urged to respond 1 mrltli.g to Profeesor Bars at tb, collega fur fjU uistructluiu and blank forms. FARMERS WILL NOT PUBLIC HOUSES TO STORE THEIR GRAIN New Law Which Makes It Compul sory to Sell in SO Days Cause Producers to Build Own Bins Organizers Try to Boost Values. NORTHWJTUT GRAIN RECEIPTS rlta FEW TOMATOES OFFEKIXl Few bote, of totnntor wore of'erlng on the local narket doxl.ig Lb, day and rit sen generally firm at i(J5'. atb'Hjgb Ic Tr anull lota, aoine eitra iancy atuff brought a fraction more. CUCUMBER .MARKET BLOCKED Vlarket for curun.beii la blocked giera;l aloug the atrcet ItL ratber l:U-rl .ffer.ng from kK-al gardei.era. Tbe ire a.-i;i:.g thev r 73c a sack generally. Hot bo us. ,ioxk la alow aroaud o6e a dcien. OIICKEX HEMAXD IS BETTER patter drmaml wa, eb.iwr; for cbick.ena ikm tbe atreet. Prsctl.-al! til cle ot stork wr. au,bt. Ugbt hen. g'l:t at IV aiul heavy elesnlrg up at 17c. bpriuga rnl d a: lMl 10c geirally . EGGS ARE QUIET BIT STEADY Quiet but ,teedy tone la abt wing for egga alr-og tbe wholes, 1, way. Keeelpta are quits fair but auiflles are not dragrmg nuite ao badly a, last week altbougb uoLatlons are tuicbanged. AGAIN 'YAKI.HA CANTS HERE Another rirlosd of car.t,kiie, froaa Yaki ma was racetred by tbe wbo esa.e trade la grod PoodMhiu durlig the day Market for caLta la bolulng atrady araiud S2Xvu2.1S per crat, far Yakima offerings. BRIEF NOTES OF THE TRADE Ceery market allgb'ly firmer and btgber. Onions hold firm at former prl-es. Country killed calr ateady, hega ak'W In cxu-lr.g ,Ni-w hide poirea are now in etrect. Car raaaba. In from the sooth, aalra at 1-r a pound. Car Walla Willi or.lon, reported In. Car of aweet polatuee in fp-m the south, pricvs lower. SHIPrERS WEATHER NOTICE Weather baresa adelaea: l"rofet abjpinenla during tbe neit 3d hour agalnat tbe foll' lng maxltnum temperatures: Glng itrrth. dg i " a . northeast orer the Ppokane. Portland fc-sril railway. 13 degrees, east to llaker. M degrees. aD4 south to ArtLand, 90 degrees, yanmnrn teraperatare at Portland tminTow atwut s degrees. Coarse Grains Are Firm in Chicago; . Reports Are Mixed By Joseph F. Iritcnard Cbleago. An,. 27. (I. N. K Closing frices bo ed n!n:irn of (t I ,c for corn, for 'i and b.iOc fur prnvialou wlLT bird the atronirer of tbe Hat. Caah sales at (Til. ago were f6,(X bushels of wheat to n!ller. j...( busbela of corn and 225. ""J N.nlla of in la. A rooi-1 lot of corn waa Ungbt by Chicago concerns at Memphis, tbe Wire being 1.. for cto(r delivery. I aab beat at Chicago waa 2.3c lower. St. TotiU waa IV lower. ItuUM-aioll, 10c lower and Kanesa City unchanged. Chicago. Aug. 77. i 1". P.) Conflicting re ports on tbe progress sf tbe corn crop resulted lo little sctlvlty In corn futures today, and the) were firm around Satorday'a rloalng 1 -e'-e tuber com opened lc lower and later rained St at an opening of $1.07. May oier.ed at $1 Ui up i.e. and sold later C down. Oats wa, firm In aympathy with corn. Sep tember fi'inetl unchanred and later showed no change from the opening of S2VC Itecember ojxned down V.C at oAr, and later waa up c. Mjt ojiened at B7c. down - and declined 4c. I'ro.lalons were Irregular on a alow and higher bog market. Rang, of Chicago prices as furnished by th Inited Press: CORN Ie-eirJer . May rVptemher TecembeT , May September Oclober ... 8ep'erabT Ort'ber ... Junuary .. September October ... January Cars Wheat. Barley. Fir. Mats. Ha. Portland. Moa ... 6 5 8 Year ago 20 12 3 T Season to data 22 29 113 106 133 Year ago 713 26 S7 812 36 T a corns. Bat 7 12 Year ago ' 6 tSra son ao date 173 8 ... 23 233 Year ago 753 13 ... 38 314 Hewttle. 8at...... 0 4 10 1 82 Year ago 28 3 0 SO Season to date 13 21 211 70 713 Ytsr sgo 74 25 S70 252 637 APPLE TRADE STILL EXPECTS MODIFICATION OF ENGLISH EMBARGO Shortage in British Crop May Be Factor' In Changing Plans of the Government Foreign Inquiries 3Iay Prove Big Factor. Open. High. Low. Close. 107S "H 17S 10S KB, 100 1M 106 V. OATS &2 52 Ml (1314 Xi , 341, 62't tV4 67 B7H 6i B7 PORK 42:) 4230 4230 42.t0 4170 41X7 4100 4182 LABD 2272 22X7 2270 227 X275 25 207 2U5 2173 2177 2136 2187 RIBS 2!10 211 J 2SI0 2313 ZV7 22P2 27 aueiO 260 2M50 207o nhlle tbe roeemment hi trying to reduce the cost of living sod baa taken steps to absolutely control dealers la grain and bread atuffa. strenuous efforts are being made by cgaalaer, of the farmers to place the pries eten higher than at pet sent. It la stated teat a number of secret meet lng of grain growers hat recently been held la the Interior which have been attended by aatkwal grange orgsnlaera. Practically no wheat 1, being placed In the public warehouses this season becauae of tbe law which makes It compulsory to sell etppHas after being La a tori gs for qua month. To avoid this law and rllow tbem to boUl tbelr grain for aa ludeflulte peilod. many faimera have recently constructed iilna to bold their soppilea. dixne of the miUera who have needed small aurpllaa of wheat recently have been unable I to secure tbem becauae of tbe general holding; lor advances among the farmers. K room ha II cabled from Liverpool: Liverpool Wheat easy. Influenced bj fa v. sable barveetlrg weather. Corn easy, cub offers light, expert clearances small. Con st mptloti limited. Osts easy. Influenced by favorable crop re porta and free Argentine of ferings at decline. Argentina North cool with light frost. South dryness continue. World's thlptnenis from North America: Wheat, 6.2u6.oOO buaheja; corn. 292,000 buah ela; osts. 2.424.000 busbela. WHEAT New crop, nominal. Bluestesn, 2 10; forty told. 12.03; club, 2.u6; Husslaa, f2.u6. tidewater track basis. KLOUR Selling price: Patent. III. SO; WI1 lcmette valley, il.2tt, local straight, S10.8OJ U , bsker.' locsl. 111.404211 ; Moatsos I ring. Ii2 4043i2.au; exports. 1.00; whole wheat, U. mi; graham. $11. Ou, rye flour, 111 73 per barrel. HAY Buying price, new crop, Willamette U moth j. fsucy. $JI.00 per ton; Eaatern Ore gon Washington fancy timothy. 26.0u; alfal fa. 23.(a 23.00: valley vetch, ( ). cheat, 1 ) clover. I1K00. UJIAIN HACKS Nominal. No. 1 Calcutta. 134c la car lots; less amounts higher. MI LLtrTL Fr"S Selling price; Bran. 37.00; aborts $4000; middlings. $47 00 per too. HOM.L.D OAT? I er ton. no. KOI.LKP BARLEY Per tod 3o.no. CORN Whole. Ki.0U; cracked. 17 00 ton. M err bants Kxchanga Aaguat bids: OATS No. 2 feed 4030 BA KLBY Prandard feed 4VX) Brewing 4700 aaLLSTtrrs Bran WOO Hhorta SaJ Futurea were quoted: OATS Rd 470U 4700 4400 4450 H00 4tW0 COTTON SELLING IS CHECKED BY POOR CONDITION REPORT JOBBING TRICES IN PORTLAND Tbeea prices are thos- at which wholesalers ell to retailer, except aa otherwise stated: Dairy Product! BITTER Lrvauiery. prints In parafflre wrappers, extras. 47c: prime flrata. 44'c; first a. 43Hc; cubes, lc less; cartons lc ad vaace. . BUTTERFAT Portland delivery. No. 1 cream, 4 Sc. CH EF-riB Selling price: Freeh Oregon fancy full cream triplets. 2oc; Yoanr America. 27c. price to Jobbera. flat. 2-e: v,ung America. fc, f o. b.; cream brick 272c: llmburger. 81JS2c; Mock Swiss. 343ov. &Hi Selling price: Case count. 3V per or.sea: baying price, 33ij 34c per doien; set! leg price, candled. 37c. LIVE POl'I.TRY -- Hen. hery PIymonti Kocka. 17c lb.; ordlnarv chickens, l.'tloc pe. lb.; stag 12e per lb.; bro.lers. Ittl0c i-er lb- tnrkeja. 1922c iwr lb., dreeio d. fancT. 27ySc per lh. . cuila. 20a .lc; auat.. IJ.On per dozen; geese. live. l'Jc; Pekln ducks, rourg 18Q30c lb.; Indian Runners, old dnrks, 1242 lTic per lb : pigeon,. 11.25 i-er dosen. Fraah Fruiu and Vegetable, FRESH rECITS Orarre,. S.1.Mx3-?3 bog; bananss. 3c per lb.; lemons. 10-50'a 00; Cal ifornia grapefruit. 3.uOit:i.rKV Florida. $6 30 17.00; cantaloupes. atandard. $2.0 I.2n. flats, aririgi.oo .rate; watermelors. $1 3 r rental: cucrrles, l"4il2Hc per lb.: peachea. Oregon. 3040?: Callfornls. hoc4i$l0. plums. tl.83 crate; raabaa, li,c lb., pesra, $2. lii .X per box. BhVRRIES Blackberries 12 00; gooeeberrlea. ty lb.; raspberries. I2). APPLtS Local. I1.25U1.7S. according to Duality. ON IONS Walla Walls. 1 SO. POTATOES Selling price, table atock. Uai $2.i5j2 &o Buying price. ordinary hipping. 1.75j2.00; seet potatoes, 'UK t-er pound. VE'". ETA BLFS Turnlpa. ( ) per aack ; rsrrot. 12.2622 V sack: beets. I1.73'a2.0 sack; pai-sntps. 1 irk: csM.are. Iocs'. ISe lb greea onions. 15c dosen bunrhe; tapper. 1. lb.; head letture. .Jc r r ! ten; cTkrirv BRtfTV doa.; artichoke. cill.H, rucambers. 233ac doa.; tomatoes. Oregon. UV5c per to: egg plant. N- r lb . : tarinc rtn. 7o per lb.; rhubarb. 4c lb : pea,.. ,c per lb.; csullflower. fcal. i I per doaen. afaata. Fish and rroviaiona PRESSED M11ATS Selling prk-e. count ty New Ya-k. Aug. 27 (I. N. Bi Selling prea- vure In tbe ottou market at the opening to day waa cbeckod by tbe Commercial Apnea report announcing a condJttno of 07 2 per cen agifost 72 lait uKntb Tbe report as Id tha tie i-r i-'ects In Texas more thsn offset the nrr isvursble crop coiidltlona elsewhere Ftrat prices were 4 point a tower to 0 points higher l.ater tbe market aold np to aboo 12 point, alov, yeaterday closing level. At tbe end of the first 13 minutes the mar ket waa active and unsettled, with price. sNit 3 points below the high mark. ' Tl.e deuiand from aborta contluued through oat tbe la te trading aud the market ruled gen-rally firm In the absence of fresh offer ing The close waa irregaiar at a net aa vanre of 4 to 20 points. January .. Murrb ... wy July Septemlier Oct 'her . . December . Open High. Low. Cl.-e. JtS ZilS 2143 2207 2-i '2 22-12 2I12 222-" 22IH 2240 2175 22-W 2MiJ 2245 217s 2245 2!7D 2i7 2170 2210 2173 221 21 40 22W 212 2-113 214(1 22U1 Eastern Wheat Options Winnipeg Wheat cKed. October. $2.1 Md Mlnnespolla heat closed, September, 12.13V,. K miii a a City Wheat closed. September, I2.20. FACTS drfgon is fist taking its place beside California and Washington in the matter of road construction ind im provement. Under the energetic super vision of the state highway department highway work is be ing vigorously prose cuted in every part of the state, and the ben elits are aireajy ap parent. To make roads serviceable every day in the year they must be hard-surfaced with BITULITHIC Warren Brosf Co. - Journal Bldg. Portlard,-Ore. A State's killed beat bogs. 21c lb.; ordinary. 1 03200 pet lb ; beat vetla. 134c per ll ; ordlna-y reala. 14c er lb ; heavy, l&uilc; goat, 4 41'W- lb. lamb,. 16U17c per ll.; multou. "tlSc; beef, Pc per lb. KMOKED alRATSHama. 27HQ30c per lb birnkfaat baron. 2h41c; picnics. 22Vc; cot tsge roll, 27 ; abort rlearn. 27g3oc; Oregon exi-Tta. smoked, sue er Jo. LARD Kettle rendered, tierce. 34le per lb.; atanasra. c: isra compouna. is,c. OYSrtKS olympla. gallon. 13 50 canned, eastern, 55c per can, 10 50 per doaen; eaatern, lo shell l-b per 100; eaateru oysters, per gallon, solid pack. 12 73, FISH Dewed flounders. 7c ; Chinook aai mon. 13c: pert b be; soles, 8c; salmon trout, 10c per lb.; halibut. li&Kc per lb.; black cod. 8c; herring, oc; raaor clama. ( ) per doaen: herd shell. 4c per lb.; 12.73 per box; crabs. $2-50 per dozen. ' firoesrlea SfOAR Cube. 11006; powdered, It. 80; fru:t or berry. $0.13; Honolulu. 10.03; beet. .. dry granulated. V. 13; D yellow, a.50. HUNK V New, 3.oOki3JB per case. HUE- Japan style. No. 1. 7V,c; New Or leans head 0c; blue rose. 8c. SALT 'osrse. half ground, loos. 114.00 per ton; 30s, I14M: table dairy, 5os. 18.00; 1 $17 .V); bales, 12.33: fancy table and dairy, $24. uu; lump rex k . 20 00 ier ton BtANS fmsll white. 17c; lsrs white. 164c, pink, 14c, IIdii. lTViC bayoua, 13ic; red. 14c. Hop, Wool and Hide, HOPS Nominal, buying price. 1018 crop, 2- per lb. ; ontrsct,. 30c. W00L Willamette vaJry coarse Cotaweld. 36ttd0c lb.; medium. Sbropshlr. OOQtUc; Kastern Oreron. 54tlc. HIDES Salted hioves. 23 lbs. and np. 19c; green hide. 25 lbs and up. 10c; aalted bulla, 00 lo. and up. lec; green Duns, ou ids. a txl up lac; salted and green kip, 13 to 26 lbs., lwc; salted and greeu calf up to 15 lbs., 2Hc; dry flint hides, over 7 IW., 82c; dry flint cLf. under 7 lbs.. 3dc; dry salt bides. 27e; dry boraa hides, Vsch, 1-3041 2.31.; aalted horse bides, each, 30Ogf3.00; horst hi lr, tall. oO'. horsehair, mane, 13c; dry lonx wool pelts. 4i42 . dry short wool lu, 25 4i Xc; aalted sneep pelts, long wool, each, 14 005.00; salted lamb pelts, each Jl.OOtt 1 50; aalted abort wool pelts, each. 75rQ1.2b. dry sbeep abearliugt. each 13l3(c; sslted sleep ah-arlioga. each. 4I30c; coarse valley wool. oaiOfc. medium vaiiey wool. )(a3 ; I drt goat, long hair, STk; dry goat shear lings, each, 15i3vc; dry abort hair goata. esrb, nc4il.s. TALLOW No. 1. 12c; No. X, lie; grease. 7feSc per lb. ClUTTlM OR CASCAB-A BARK Buying price, per car lota, 7 4c per lb. MOUAJ.K 1017. 6.V per lb. Kope, fainu. Oils ROPE Sisal, dark, 22c; white 22Vie pee lb.; atandard Manila. 30c. IJNSkLU OIL Raw. bbh.. $1 32 per gal Ira; kettle boiled, bbla.. 11.34; raw, caaes. 11.30; boiled, cases, 1.41 per gallon; lota of 23" galloua. COAL OIL Water whits, la dram, and Iron barrels. 10c per gallon. WHITE LK A IV Ton lota, 14c per lb.; 900 lbs.t 144e pe lh. TX'liPKNTlNE Tanks. 62c; caaes, 60c ; 10 case lots, Je leasx, G A iOLIN K Basis price. 20iC per g allot; dlatiUate. Vx per (gltoa. s.mo 3 aj 3400 September October BARLEY September feed October feed September brewing October brew Leg anixsTirrs September bran October bran September eh or La Octotier abort, American risible aupj!y In busbela Aug. 27, 1017.. 4.160.iOU liecrrase.. Aur. 28. 1016. .32.34. oral InTeaoe. . i:ao.. o.sro.'a) ieciea 1014..S1.334.saj 1U13 .441 ) 1012 .18.6ft.l.0Oi 101 1..4M.247 ai 1W1( .24 W07 J 10i.. 8.3rt3.() 19ei..H.207.Ot iyO7..5i.Si3.0U0 World a shipments, prindpsl exporting coun tries (flour Included): MflU period last Hope Is atlll expressed by the apple trade deeptta the former refusal of the Engl'.an acvernment to remove It embargo, that ahlp h'Ccta from tbl, country will be admitted Into Great Britain to the extent ot at least half of tb 10l ahlpmenta. Some of tbe neutral countries are Inquiring for aupnllee and thla la likely to be sonjs- what of a factor In tbe season a trade. Early applea are coming for ard fairly freely from Columbia river producing section and are selling well at the big heat prices known for such offering while little atock la ccn-lng from tbe Willamette valley. Regarding the foreign markets, H. 8. Ws terson, clerk In the American consulate at Bergen, write: "The Import of applea Into Norway during the year 1015 (the latest year ror wnicu ststlstlcs are available) amounted to approxl n.ately 1700 tons, of which some 330 ton were Imported at Bergen. About 80 per tent came direct from America, and a good pro portion of the balance were American ap ples arriving via England. The vartetlea In great favor are Wlnesap. Plppina and Jona thana. They must be packed la wooden boxes uu strapped. Tbe main difficulty at present la to ob tain stlfectory assurance that tbe apples can be shinned within a reasonable time before spoiling; there have been Instances where shipment bars waited tw. New Yor for six moo tha or more. Tbe buying la uot done, as a rule, by tbe Import era. bat through ccmmleslor. agents. whose charge is 24 per cent. Prices are quoted per box, c. 1. f. Ber gen, without war-rik insurance; euipueni prefersbl from New York, or from Pacific cosat ports direct through the Panama Canal. Term of payment are sight drift agalnat HI; of lading, or New York credit against shipping document. Tb war-risk Insurance U aene rally covered by tbe Importer on re ceipt of advice of the veaael on which goods were rhlpped. Tbe Import duty on applea la 1 46. per 100 pounds (Norwegian tariff, par. IS)." Grain Crops Turn Out Much Better; Handled in Bulk rwlston. Idaho. Ang 27 (I. N ft Re- onrts from varloua section or tne inland rjm- plre Indicate there will be at least 75 per cent of a crop harvested. The bsrley yiein win range from 24 to 30 bushels per acre, and the wheat yield rrorn id to i oosneia per acre. The beat crop tbua far reportd waa harvested where the wheat yield averaged better than 30 bualiels to the acre. Tbe fsrmera generally report the yield are larger than they expected. More gram will be bulked this year tban ha ever been heretofore. Tbe price of sacks, which baa tnrreaeed more than 400 per cent since tbe wir began, hss made It practically problbltive f'W grain producers to market un der the old system. Rancher ar looking; with favor upon tbe vast terminal facilities which wtll be offered at Portland for bulk grain. Arrangements are being made to handle much of tbe grain from the Inland Empire by river transportation. Various grain buyera from Seattle have made extenslv trips through out this territory with s view of holding the shipment to Pnget Sound points. SMALLER CROP BUT FAIR IN PRICE FOR SEASON' CATTLE MARKET HAS STEADY TONE HERE; HOGS RULING DULL Killers Would Depress Price of tho ! Latter, But Shippers Fight Back Steers Sell at $8.50 With the Same Quality as Last Week. H0OI A1T1 SHXEF RISE Latest reports from tho yarde show an ad vance of Mc for hog, nad 6O0 for lambs over laat week", cloaing. Cow market was firm and KSo up for top at 7.IS, while iters wars steady. PORTLAND LIVESTOCK RUN lioga. Cattle. Calve. Sbeep. .Mono, a 7 Saturday Friday TLuraday Wedneaday Tueed V cek ago Ycsr ago Two yea re ago .. Three year ago. Four years ago.. 074 1279 30 343 273 22 2 2 474 07 15 1562 tt-2 25b 11 J 42 20S 1 313 133 113 2 16X7 21M 123 1024 131 1121 12 461 20:J 87 1 2103 K4t 743 89 82') 107 008 2 140S While there was a sharp decrease in offer ings of cattle on tbe North Portland market for the first day of the week a compared with lst Monday, atlll there wa a very lib eral supply available for the trade. General cattle market - coodlttoua remained practically unchanged. Steer sold st I-S.60 during the morning trado that were of prc; tcrlly the same quality that sold at this price last Monday. General cattle market range: Bct beef steers Good beef ,teera Best beef cow a Ordinary to good cowa Heat belfora Bvlle Oi Ives S tucker and feeder steer Hog Market Slow Only sale, of awine shown daring the early di.y'a trading at North Portland were a fe drlvelne which went from llts.00 to $17.00. Killers were inclined to hit tbe bear able of tbe market and were trying to force a further abarp rtuctlon lo tbe price, which was beluj; fcugbt by shlppet. Otters! bog market range : Prime light 17.25(17..V) Prime heavy 17.0Ot.il7.23 Plga 15.50a:l .00 Bhaep Situation Steady .. 8.2fQ 8.75 . . 7.004 H.or .. 0JM4t 7.1-3 . . 3.5Hi . .. 6.751 7 25 . . 4AXif fl-fto . . 6.5'( .2j . . 4.50'a 0.7o Allied Victories a Bull Factor Early In N. Y. Trading rroorj cloiz steady Haw York. An. T L . . Tha itock market closed ataady today. Buaiaaaa waa al most woolly profasaioaal in tha lata dealingi, room tradarg offariaj stoeka down and thn oaaains leoover ay sfforta to any them back. United States Steal rallied from ISOVi to 1204. and Bethlehem Steal "B" from 1004 to 110H. wail XidvaJe Stial roaa from II Vi to M1-.. Txaa "Company waa nnuanally aotfra, advancing from 175Va ta 17oV4. AtUatie Gulf decUnad from 101 to I0t. New York, Aug- 27. (I. N. S.) Tbe con tinued allied military victories and a more cheerful view of that government- price fixing program were reflected in galna at the opening of tha atock market today. United State Steel advanced a to 121, and Bethlehem Steel "B" advanced V Jo 111. The to bacco Share "were strong. United Cigar Stores advancing 14 to 125 V,, and Tobacco Product moved up to 7b. . New Haven was np 14 at S2M, and Reading H at 80. The Marine atiares showed Improvement, At lanrtc. Gulf A West Indies advancing 1 4 to 107. and Msrine preferred to 0014. The market was generally quiet during the forenoon, although there were a few wide changes. United States Steel ranged from 1214 to 122, and Bethlehem Steel 'B" ranged from 110H to 111. There waa some pool Viaulpulatlon In Tobacco Products, which re ceded 14 to 764. and Cuba Can Sugar dropped over 1 point to 33. Tbe Marine Issue were strong, tbe com non rising 14 to 34, and the preferred 1 t 014,. The railroad stocks were steady with the exception of Reading, which yielded 4 point from lta opening price. Money loaning at 3 per cent. Mid vale Steel became the object of attack In the late afternoon, selling down to. S3., a Ions of 8 points. United States Steel, after selling at 12U4. rallied to 121. Crucible Steel moved up 2 points. Ohio Cities Gaa de clined to 305,, lta Liwest price. Finance : Tim bet : Industry Business Is Prosperous and Outlook Encouraging Throughout Unit ed States, Says Annual Review of Chicago Bank- Notable Im provement in Lumber Industry Shown Bank Loans Increase. Range of New York price furnished by Over beck A Ctooke Co: PKSCK ii-1 ION Open 1 Hlrm liv Close Alasks Gold Aliis-Oialnu-rs, c American Beet Sugar... American Can. c American Car Kdy.. c. American Cvtton OU, c. American Unseed, c American Loco., c American Smelter, c... Arm-rioan Sugar, c American Tel. A Tel. Amcrlran Woolen, c. , Anaoonda Mining Co. Atchison, c Baldwin Loco., c Baltimore A Ohio, c. Bethlehem Steel "B". Brooklyn R. Transit. . 6 27 44 I 73 m 74 6fc 27 88 074 1V 5V4 87 I 4.1 3 074 100 vi 117 ; 1184 118 . 504I 60! IlitfiA S. 4iinM-lw With only a few arrivals In the North Port- : Mr Petroleum c .. land yards over ulght, trade In the beep and Canadian Pacific ... lamb division of the yards was considered 1 Central leather, r. sltady to stroog with former priors cvntiuued. ' (3i-sapeake A Ohio... oenerri aneep and lamb range: Chicago Ot. , c. . Western lambs alley lamba Yearltnga Wot her Ewes Tbe stockyards report says: Feedex Butinea Good Tbe volume of feeder busncas transacted In 12 0O(!1.1.0O .Chicago. M. A St. P. iii'-"u .ei , ntrago st m. w., c. 10 10 So , ttdno tapper 0.75Ca 10.50 , Colorado F. A I., C. b.OO'u. 8.00 j Con. ;a I Cwu ETodncta, c... 1 Crucible Steel, e D. A It. O., c. , Distillers 73 8T4 80 V4 68 111 '34 73 as 80 8T4 Ul So" 1621SV4 en 00 10V4 674 108 34 46 Aug Aug. JM-pt. Aug. Aug. Aug. Aug. Aug Aug 31. 28. 28. 90. VI. 2i. Deere, Iecre,sa. Increase. . Increase. CVsrvalll. Or.. Ang. 27. George G. Smith, wbo haa tuat returned from hl Sherman coun ty farm, states that he had a much smaller crop this yesr than laat, but the 1017 crop aaa m brought him more money. Before harvest Mr 1 oau )0 Smith waa undecided w hether to cat bl wheat mi tu At or not. aa the prospects were very dlocnurag 1 ua (tun ing. However, be managed to thresh 12 128.0aj I btxabela of wheat to the acre tbla year, a coin the yarda during the week ba ten much 1 v-. , larger than at an previous time during tbe , General Electric season. While there seetn to be a constant 1 Goodrich Rubber flow of upi ly In (mailer nuintK-ra, there la t;t. North., Ore Laud. a beaTy demand In large number, and feel- i ;t. Northern, pfd er stuff offered la promptly taken at fair Crwne-Can price. Tbe crop condition Influencing the Hide A leather, C. . . . hrndling of feeder stuff continues to be en- t Ie Securities cturagin;. according to general reporte pausing ' Illinois Central through tbl office. Those who have feeder Industrial Alcohol ... stuff not quite ready for delivery, would do ITlra"0 well to drop a line glvlu, decr ty,io ..we, JP ec " B?"'T. J p-' Km. City 8o.ithem Cattle There ba. been an especially heavy j jei Springfield run or feeder cattle during tne wees, some Luc La wanna steel very choice enort leeaer going out as niga as $7.23. First claa smooth feeders will eell recdlly at I7.O0 Ed good f.-der stuff of straight beef type la bringing $4.50. The cr.mmon atuff la grading from ti.5o down to 14.00, according to quality. There ha, been a heavy rnn of mixed Jcr ae atuff during tbe week, but at thin time lbs "yards are cleared of all fit fr-ed.-r. A 80 30 J0V4 67 108 54 46 32 784 8 I 2CV4 48 36 324 78H 8,1 28 48 86V4 664 00 Va 117 118 SO4 72 984 64 84 108 33 Vi 161 4 87 384 104 67 108 584 46 si" 70V4J o 47 4 234 26 874 42 72 854 264 664 09 117 1184 30- 724 084 64 68 11 110 50 V? 34 Ki 18V4 100 87 68 14 66T4 1064 W4 46 ioch BI 764 8 34 284 1524 47 35 Vi Business a4 tas Wr. General hnaineita conditions throurhout tht Unitsd SUtss ars reviewed In the following statement o ftioetCtn .- Al following statement of the Continen tal and Commercial National bank of Chicago: "Business is orosDerous and the out look encouraging, but there are several factors of an uncertain influence to re -reckoned with, is thj concensus of opinion expressed ojr bankers una business men, corranpondeiita of tha Continental and Commercial National bank concerning general conditions of the country. At the moment there is some feeling of hesltancv, but ui less the tales of taxation ar so exceel as to Drove to ba. unscientific and ctiu&t a dangerous strata on industry 1; seems quite probaMej that tne u-.s tr.t-ution of proceeds of this taxatt.-n. together witrr the proceeds derived froc; government loans nnd from tin crop yield, will greatly stimulate busi ness for some time to come. 1 lure seems to be a general impression that the three fundamental influences bearing on the-future of our business situation are the hih prices of ma terial. Inadequate trauFortation, and the labor situation. Those who ure closely identified wi:h the coal pro duction are emphatic in their state ment that there would be no reasm for apprehension 011 the part of rr.snu-facturers- and coasumo:- of a short age of fuel if the fv disturbing fea tures of that industry ere overcome; namely, inadequate transportation and inefficient labor. y , 105! 106 , 1034 : ior. las... I I I 41 I J I ............... Iiehutb Valley Iiuievllle A Nashville Maxwell Motor, e Mexican Petroleum .... 1 Ml;. mi Copper Mldrnle Steel 1 Mo,. Kan. A Texaa, c. Mlowmrl Pacific National Iead Nevada Consolidated . M.)0 06. 0U0 Increase. ..633.UJ liecrrase.. 221.0 lecrease.. 042.000 Increase. ..l.ob-'.otMj pared with So buabela last year. After, he had aold thl year' cr-p and counted up hla cali. be found tbst he bad made more money from tbe 1017 croo tban be did from his bamner rcrop laat year. He sola lis woeat far Z.33 a bushel. "rom U. i. and Canada Argvutliie Australia Uussia ... L.dla Total Week ending Aug. 25. 6.7S8.000 108.000 l.fl62.0J 5ej6,6il6 .9,128.0S) Total slnoe July 1. 1017. 38,433.000 1.8etf,00O 12.20o.000 s! 144. 001) 57.775.OiO 70.926,000 0.612.OHO ti.4M.0f 10 2,184. KO 2.42S.0-! 01.6US.OOO Lewiston Wool Held For Advance With Holdings Liberal Lewlaton. Idaho, Aug. 27. (I. N. 8.1 "Mora wool remains In the banda of tho sheep men or thla district tban tor many year paat." said Arthur M Haworth. one of tb best known sbeep men of this district. "Flock master were not disposed laat aprtng to aell tbelr clips at the prevailing price of 43 and 50c. Buyer, have gradually rained the price, tbe latest offers being from 6U to n3c a pound, but there la no wool being offered even at the advanced figures." The wool that Is being held Is of an unusu ally fine texture, aud free from foreign euh- atancea. Practically all shipments which hare to made moved via tb river root from Lewlatnn to Portland, where It la being stored by buyers wbo are holding for blghw prices. BREWIXO BARLEY SELLS AT $2.40 IX LEWISTON MARKET Lewlaton. Idaho. Aic. 27. (I. N. S. 1 Al though the grain market haa been quiet on ac count of the government having taken control of the wheat and barley of tbe country, an Initial price was aet here on 3000 aacka. whli waa purchased by A liters Bros., the price belna s..v ior prew-ng grade and $2.30 for feed grade. The grain was of an unoeuailr rd quant ana tree rrorn smut. DAIRY PRODUCE ON THE COAST Seattle Market Seattle. Aug. ZT (I. P.) Butter Varies waantngtoo creamery, cube, 4 So: do brtA 47c: storage California, cube. 43c: do brick 44c ' Egg Select ranch. 48c; storage. 42c. Cheese Oregon Triplets. 244x25c: Wuhln.. tot. triplets, 23&2lc: Young America. 2AJ27c. au irucw. maraat San Frsnclsco. Aug. 27. L". P.l Butter Extras. 4'c; prime first. 41c. Eggs Extra,. 43c; extra flrsta 424c. extra pulieta. 42c; extra first pullet a, 4r Cheese California fists, fancy! 22Vc first. 20c. Lo Angela Market Los Angeh-s. Cel.. Aag. 27. (I. Jf. "a.) Butter. 42c; egks. 42c. POTATOES ALONG THE COAST Seattle Market Seattle. Aug. 27 (L. P. ) Onions Wax. cise 11.73; California yellow, sack. II i04J L75. Potatoes Loci, new. 50 00660.00; Cali fornia, 170.00. Saa Fraaeiaco Market San Franciaco, Aug. 27. 4 V. P V Onion, Yellow, eiita'e'c per aark on the wharf: do blown. SCK (3$1 .00 per cental, according to quality. New pot a toe Delta, $2.5"? 2. 70 per cental for No. 1: do Sallnaa. 12.803.00; aweet po Utoea Per pound. 4k4He Loa Angeles Market Lo Angeles, Cel.. Aug. 27. (I. N. 8.) Potatoes UQCbanged. New York Sugar and Coffee New York. Ang. 27 (UP.) Coffee Spot Ko. 7 Ria. 0c: No. 4 Saatoa, 10c Sugar Oeatxlfogal. 7.40. A3IERICAN LIVESTOCK PRICES Chicago. Aug. 27. tl. N. S.) Hog old at 117.30 on tbe firat round, and a 117.03 rumor waa In circulation. Tbe advance waa 15a25c, but packer were not dlspoaed to follow it. The break last week checked loading In the country, only half a seasonal crop arriving. Cattle tfade wa uneven, corn feds holding steady, while grasses were 13 (2 25c lower. Re ceipts st western market were lighter than laat week. In the sheep house prices held steady to stroug ou a light supply. Chicago Hog 117.45 Oilcg. Aug. 27. (I. N. 8. Hogs Re ceipt 130. alow, 10 lo 23c higher. Mixed and butcher. 13 73i817.45; good heavy, ll8.704st1T.S3; rough heavy. I13.0OQ17.3O; light. $13.6.'317.35; pigs, $10.7314.26; bulk. $16 154(17.13. Cattle Receipt 25,000. strong to 13c higher. Beeves. $K 03 13.50; cows and belfera. $4 50 O0OO: stocker and feeder. 6.1O30-25; calves. 111. 30a 16.00. Wieep Receipts 1O.0OO. steady. Native and western. 7.0OU 11.23: lambs. 110.78(116.60. Omaha Begs $17. M (itnihi. Neb. Aug. 27 Cattle: Receipts, 15.301); ateaily. Cows and belfera. 16.50(30.00; stork era and feeder, lo.oOO.OO; wc-alern. 110 2312 50; beeea. lO.OO 14.50; calves, $8.ifil2 oO. Hog Ueeelpta. 150i; itrong and higher. Mixed and butcher. $16.30(817.23; good and choice heavy, I16.ti0ial7.10; rough heavy. 116 25t 16.60; light. lo .V)q 17.23; pig. 13.00 Jli(Nj. bulk. $HJ.50t516.75. Sheep Receipt, 18,700; lower. Wether. HO 304J1 1.5"; yearlings, 110.6012 oo; feed era. Ill .00j12..'4; lambs. $16 254 16.85. Kansas City Hog $17.10 Kanoa City. Mo., Aug. 27. (I. N. 8.) Cattle: Receipt. 2O.u0o; steady to 15c high er; (teers. $12.00fti 1S.UU; cow and heifer. 6.X'r 13.00. stocker nd feeders. 5.(M)((( 10 25; calve. $l.iJ(a 12.5o. Hog Kecelpt. NJ; steady, with Friday". low cl.-e. Top. $17.80; bulk. $16.251 17..V); heavies. 175'i 17. 80; medium. 17.44i 17.75; light. flS.0OUlT.S0. Sheep Receipts. SOuO; tcsdy to weaker; lambs. I15.85& 16.50; stork yew lamba. 116-75. No choice sheep. Denver Ho 16.7I Denver. Colo.. Aug. 27. U. P.) Cattle Re-eifts 220, 15fa2c lower. Hteess, H.(sin: 10.0"; cow snd heifers, f6.f)32 8: atockera and feeders, lO.OVU 7.50; calve. tf.004 11.50. Hoes- Receipt 20. Bolk. 16.2Sfll6.75. 8heei Kecelpt 013, steady. Ko, 10.00 Qlu.jo; lamb. $ 15. 50 16.25. Foreign Bond Market rumlabed by Overbeck A Cooke Co., 210-217 Board of Trade bonding: Northern Pacific PaHfic Mall Pi-ntwylranla Ry People Gas Pittsburg Coal, c .... Pressed Siteel Car, e.. Itay Oons. Cojiixt .... Rtilway Steel Spring. Heeding, c Rep. Iron A Steel, c. Hock Island vi-i.n. Roebuck A Co.. Shatttick Sludetker. c SIiSheffleld Southern Priric S'Mitbern Railway, c. . Tennessee Copper Xixaa Oil Tel ccavy reeoer run la promiscu ior aiouuay n vw Haven next week. vew Yrk Air Brake Hog There wex more hog of the pig : ,w York Oenrral. .. and feeder claa in tbe yard thl week tban.;. y., Out. A Western. at any other time tbia sea won. and the qual- Norfolk -A Western, c lty varied through extreme type. Extensive ahlpmenta croawed tbe scale In tha early part of tbe week, as hlsh at 117.25. but t tht writing Uiere ba l-en a he,w lump and feeder b are going from HS.Oo to l.0O. Tbe quality of h'vm paing at this X'rlce, however, 1, not us good as prerioua offerings. Sbecp-Vrhe general demand for feeder ! not so great In the alieep bouses, altbouh there are calls for several tbouaand of this variety at prew-nt. In the wether class we have demand for aev eral thousand without sufficient supply. Feed er wetbers would bring a good price. There la heavy call for breeding ewe with practically no supply. These would be taken care of In tbe yard, at safe prices. If offered. Owner might write description , to be put In touch by this office with buyer. Vnr Am v T.ivaatAck Bfiimtera Hog, --- Tillamook Farmers tgency. Tills- j J.'?' S,e1- c" 1. 1 ,i n ueitiin HeeiWiiau-T 1 loaa: v 1 -" ' W. II. Hunter, Eiiterprlse, 1 load; W. M. Llojd, Roblnette, 1 load. Cattle H. Vf. Jooea, WeDadale, S loads; F. E Parker, Molalla. 2 loada; A. A. Yager. Tillamook. 1 load; A. J. Carlaon, Forest Grove, 1 load: E. O. Morgan. Oaston, 1 load; Joe Iadrk. Sheridan, 1 load; Cooper A Whit aett. Roaeburg. 1 load; Max Dement, Myrtle Point. 3 loads; L. Koblhagen. Roaeburg, 1 load; I. A. Lenarley. rhrrkee, 3 loada: W. W. Ccuper. I nlon Junction, 1 load; N. K. Wegt. La Grande. 1 load; J. W. Chandler, 2 load; J W. Bowell, Wallowa, 3 loada; B. E. Myera, Kta-in 1 load: P. J Brown, Roblnette, 8 load; Fred Welch. Condon, 3 loada, George "arry, 1 I load- Oyle Brother. Donald, 1 losd; G. 8. Bar- ' cley, CorvalH. 1 lad; K. M. Beeton, ilea- , monfl. 3 loads; Mr. iry. lerreoonne. a miv; G W. Martin, Granddalie. i loaa. 1 Oieep J S. I-rulil. Lyle. Wssb.. 1 load. Mlxrd stuff S. L. Overton, Brownville, 1 loan, cattle, bogs and abeep; M. D. Wheeler, Lebanon. 1 load cattle, cslvea, bog nd sheep; J. E. Ford, Marabfleld, 1 load rattle and bog; Coles! A Podd. Halne. 2 lid cattle and hogs; j J. O. Bowker. Payette. Idaho, 1 load cattle j and bog; O. E. Gca-sltne, Joseph, 1 load a.ttle and bogac I Cattle and calve J. K. Smith. Donald, 1 load: B. E. Myers, I m bier, 1 load. The C S. burc.u of markets reports: State oriel na. f livestock loaded AUCUKt 20. In car lota: Mixed Stork. Ttt. ..I 13 . 1 11U JJ01 1 101 1W1H 138 138 136 1364 34 64V 6314 B3ty 4144 42$ 41 5 41V, C. 10 104 JH 1 .. 45 45 I 43 40 , 864 864 85 86 61 6iV4 eivfl i '4 121 324 32H 324 32 054 05 04 04 86 30 364 36 V4 66 564 53V4 64 31 31 28 20 54 54 54 53 22 32 324 31 8 127 844 S4 84 834 21 21 21 21 Vi 118 118 118 117 1014 25-, 254 254 27 52 52 62 Vi 62V4 724 47 48 47 47 1 67 2i! 27 28 26 4 50 60 50 541 80 88 87 87 87 87 - 85 834 30 81 30 29 V4 165'l5Vi 160 163 1 24 62 6241 52 ex Pclf1c Third Avenue Vi-vn Pclfic. c nited Sttes Rubber, Vitginls Chemical, c... W. I'. Telegraph Wfstlnghouae Electric. W illy, Overland Wlworth 04 28 16 1HO 164 184 2 122 IOI 38 '474' 31 0441 04 28 I 274 16! 16 180 ,175 16 16V6 i3ij'4:i3 00 1 o" V4! 122 101 88 '"Vi 81 120 1004 38 474 30 61 40 4 04 27 I64 176 1 20 136 624 1204 100 384 92 47 W : 123 Total ealea for tha day were 276.000 shares. 8 ami 9 eou 1 row 3 cos t 1 cow 1 cow . 1 cow . 3 cows 1 vnv 2 cow-, 1 cow 6 cow, 1 cow 1 cow 8 crrtv , , 5 cow, . 1 c.r 1 cow 1 row 1 cow Cattle and Calves. Hogs. Sieop. 1 calf .. 2 calves 3 bun , 2 hulls . 3 bull 1 bull 1 bull CALVE8 BILLS Bid. A. 3a Oct. 1020 03 V. K. 5a Sept. 1018 '07 L K. 4a Feb. 191S 00 U. K. 54a Nov. 1910 05 U. K. 54 Feb. 1H10 ,.. 00 U. K. 5,a Nov. 1021 04 A.F. Sec. 5 Aug. 1010 03V. Rep France 5a 1031 145 Pari 0 Oct 1921 03 Marselilee Ha Nov. 101 03 Rusola Extn. r.s 1021 70 Russian Intl. 5H 21 Dom. 3 Ang. 1017 . 06 Doni. 3s April 1921 05 Itotn. 3a April 1031 04 Dom. 3s April 1026 93 Argentine bs May IflJO 08 China 6s 1019 04 Ak. 03 4 07 004 05 00 044 05 l.V) 034 04 73 23 07 06 05 4 054 0 07 San Francisco Grain Market San Francisco. Aug. 27. (C. P.) Caah grain: Wheat Per cental Ntw Sonora. 13.730 4.00; California bluertem. 3.75T4.O0. accord llftto "ullt'; aorthern blueatem, f4.30(t Barley Per cental No. 1 feed, aronni $2 35; do shipping. I2.37e2.40. Oata rer cental New red feed, 2-73(J 2. 83; do aeed grade. f3.lO03.23. Barley calla: aag. 27 Aug. 23 Open. Clowe. (lose December 238 S2SV4 tey . 23TA For Portland Ores, on 0 - - ? Week g 1 3 " I For Seattle i Oi '-gon 4 .. .. 4 Week ago . .. Monday Moxniag Sals STEERS Xo Ave. lb. Price 1 steer 1430 8 5 1 steer !" 8.50 2 steer 1110 S.30 2 steer 1055 8.50 1 stver 1510 8 30 1 steer 100 8.30' 7 teers 1231 . 8.0O 5 steer 1M t,M ' 2 ateer 1040 8.50 ' 6 teer 11SO 8.00' 1 ateer 17S0 8.1)0 2 steer's 110 8 00 1 steer 050 T.5J 1 ateer 050 7.50 2 steers 0O5 7 50 1 2 steer 823 1 ateer 560 7.50 0 steers , . -.. 1013 7.50 6 ateer 1)83 7. Of) 1 steer 1280 7.0 12 steers 706 7.25 35 steers 1075 6.25 ! 18 stter 021 50 1 steer 000 5.O0 1 ateer 160 6."U ' 8 steer 1250 7.00 14 steers 1023 7.) 1 steer 7 HO 5.50 32 steers 060 T.00 1 steer 040 T.00 2 steers 86O T.00 1 teer . 800 ;T.im 2 teers 013 7.00 3 steer, 1023 T.00 1 steer - 1280 ,73 r. ateer 1270 8.75 6 teeT lll 8.O0 8 steer lo S.T5 A steer , 1 163 8.75 I 11 ateera 1031 8.25 15 steer & T.25 35 steer 1042 5t I 28 steer - U T.25 . COWS IS cow 1088 f 6.73 I Scows tlOSS . S.00 ' - - - - s " -. r f ' .". ' : ' ', , , '' 1 beifer 1 heifer 1 heifer 1 stsg . 1 bull . 1 bull ., 1 bull . . 6 bum . , 1 bull . 1 bull ., 1 bull . . 1 bull .. 12 hoc, . . 8 bog .. 1 hog M hotrs 3 bogs .. 63 hogs . . 1 hog .. 0 bus; 10 hogs . . 1 bog . 2 hogs .'- 3 hog . . ' 80 bugs . 133 lamb 2 ewe HEIFERS STAG 8 BULLS HOGS LAMBS EVXS 900 6.73 1075 6.75 120O 6.70 1168 6 75 1100 4.00 000 6.23 080 4.2A 70O 6.50 1100 00 , 006 6.00 030 4 00 083 6.75 1150 6.50 020 8.50 866 40 088 6. CO 1040 6.00 000 6.73 1180 6.75 1040 6.75 1T0 f 8JS0 220 8. 50 1230 f 5.25 1035 5.15 1833 5.00 1180 525 1750 5.25 040 f 6 73 760 6 50 810 6.75 1400 f 8. 50 1600 ' f 5.50 060 5.50 1KX 6.75 lOOO 5.00 1100 4.50 1620 6.30 1210 6.25 1230 6.00 18S $17.00 208 17.00 280 17.J0 204 1T.50 W0 16 SO 208 1T.50 200 16.50 410 16. SO 187 17.00 260 16.00 125 16.00 525 16.00 211 1T.50 72 113.50 110 f 6 .00 Xallroad radlltles Inadequate. Another factor, however, equally Im portant, is the inadequate transpor tation facilities of this country. The predicament of the railroads caused by the agitation in Dolltical circles and the controversy over rates, re sulting for a time in a serious Im pairment of the ability of the rail way systems to procure fresh capital for Increased facilities on a reason able basis. Is too well known tj need comment. Uncertainty regarding fu ture prices of materials and products is reflected in the various lines of Industry. Thla is traceable largely to the agitation for government price fixing in many of the fundamental industries i3ch as steel, foodstuffs, copper, lumber and other elements that enter into the manufacturing in dustries. It is doubtful if there has ever been in the history of the United States such general cooperation with a single purpose in view as that being manifested at tbe present tl.r.e and certainly not in a period when there has been experienced no actual par ticipation of the American troops in armed conflict with the enemy and no attendant loss of life or disaster. There is a wide difference of opinion regarding the volume of business that is being dorfe in the various linea of industrial activity and In tbe stocks of merchandise being carried. This ig due chiefly to the method" of comput ing tbe same. In dollars the stocks ot merchandise and tne production o'f plants are equal to or a little above 1916, but In bulk or tonnige apparently they are less as a rule. Lumber Industry Improves. A notable Instance of improvement is found in the lumber industry. In the last two years the lumber Industry has "been considerably curtailed by Inadequate shipping facilities for ex port trade. The tremendous rise in prices of building material seriously restricted building all over tbe coun try and this woulcr have almost par alyzed the lumber industry had it not" been for the entrance of this coun try into tbe war. The tremendous demand for lumber in connection with building cantonments to house our army and for the building of ships not only took up the slack in demand from restricted ordinary building en terprises but greatly increased the requirements for lumber. The result is that prices of lumber have in-v - creased greatly. - In the first thres . years of tha European war depaMMs. In our banks Increased enormously, " . indicating to some extent at least-our ,,; profits Irom the business stimulated , by the war. To what extent thers took place in this country actual in- re flation is difficult to determine, XhO expansion in our clearings, the in- " crease in deposits, the enormous in crease in our gold holdings, th in- crease in our loreign trade, ana the . y increase in other factors, is conaerva- . tively estimated at between 35 ana 0 V" ' per cent, compared with pre-war con- 1 f dltions. The increase in clearings lsr?4 accountable to some extent by the L ? increase in prices of materials. r Banking- rosltioa Strong. -The banking position ' in this country, ' V t , all things considered, is remark- ,; ?v. ably strong and the credit suitu-S atlon apparently 1 eaualiv sound. . Hanks through the lean years that re- A centiy were experienced when money -A,- , rates were excessively low have been '4. managed with a conservatism that ls v remarkable. The tremendous increase r t in our gold holdings, now reaching be tween 35 and 4Q per cent of tha world's dtock, and Its mobilisation in ' " -the federal reserve has given the country a reserve power for circula rj 1 tion expansion of more than 11.600,. uuo.uuu, snouia it be needed. Loans as;,'; ' the banks aggregate 'more than evsr 1 before, but this is explained by ths .J'X- industrial activity, the borrowings by K, government contractors, who will not"". receive returns on their output until " deliveries are made and to the govern ment financing. Money is decidedly- ; firmer than last year. There ara lndl- . cations of a continuation of a firm - -.' t' money market through the.falL From - all industries, with here and there ex-( ception duo to local conditions, busi ness men and banks report collections very good. , Xdberty Xoan and Sariagi. Naturally, as the result of the sals of liberty Loan bonds and the shift ing of reVerves'due to recent changes in the federal reserve act, bank de posits in many sections have declined somewhat, but the movement has been, of smaller proportions than ,was ex- pected. Many of the ablest bankers in . the country believe, however, that there still will be further decreases, as the shifting of balances goes on and ' as additional government securities are offered. One encouraging: feature, is that savings accounts have shown comparatively little decline as Liberty Loan payments have' been mads and the explanation advanced is that saving- depositors are paying for their bonds' in many case? out of current savings, thus indicating a tendency toward economy that la worthy of emphasis. si Xeserv Bank Employes Vot Bs empt. Employes of the federal re- nerve dh.iik.-j win iiui u ejvriittiea xrutu - military service, says the Faclfto Banker. The announcement was re- " centiy made in a letter received by a," . Governor Strong of the Federal Be serve bank in New York, from Oov- !c ' ernor Harding of the federal reserve-, " ' board in Washington. Governor Hard ing said that, while the .board appre- ' elated the importance of protecting th , , organization of the federal reserve ,r- bankrj, it was unable, after careful : consideration, to find any grounds ' v '';- upon wlilch tc base a request for eX- ; emption of its employee. - ' To Attend national Meeting. Ben, Nordllng of the United Stalos Na tional bank will attend '.he meeting of V the 'chapter presidents of tht Ameri can Institute of Banking in Chicago.. ' x--'September 1 1. Mr. Nordllng is presi dent of Portland chapter. The meeting of presidents is held in Ilea of the -annual convention, whlcri was to have been held in Chicago, but which was. , V called off because of the war. Thers J - . are 75 chapters in the United States ' ,, and each will probably have a repre-- - 1 .' sentative at this meeting. Work of the coming year will be mapped ouL 1 BANK STATEMENT OP COAST Clearings. Monday Clearing . . Balancca Clearlnga . . Balance . . . Clearings . . Bclancea , Clearing Clearing Portland Sank Thl week. . . f 2,550,60.-1.61 Taooma Bank Saattla Banks Year ago. f 2,053.437.81 .$ 474.957.00 113,975.00 . 8,172.753.00 644,100.01) Spokane Bank f 1.002.846.00 02,001.00 Baa Franolsco Banks 115,680,168.00 Lo Angel Bank $ 6.227,636.00 ew York Bond Market FtimKhed hv Overherk A Cooke Co.. 216-217 Board ot iTaae oiuiaing: Atrhlsoo Genl. 4 Baltimore A Ohio Gold 4s Bethlehem Steel lief. 5s Central Pacific lt 4a C. B. & Q. Col. 4 gt. Paul Genl. 44 . Chicago N. W. Genl. 4s L. A N. L'oi. 4s New Yitrk Rr. 5, Northern Pacific P. L. 4 Reading General 4s I'nlon Pacific 1st 4a C S. Steel 3s I nlon Pacific 1st Ref. Ra Southern Pacific Conr. 5 Southern Pacific- Onv. 4a Penn. Conv. 44a Penn. 1st 44a . Chesapeake A Ohio Conv. 5s a, Money and Exchange New York. Aug. 27 (I. N. fl.) Call money on th floor of tbe New York Btock Kxebange today ruled at 24 per cent; high. 3 per cent; low. 24 oar cent. Time money waa firm. Bate were: Sixty daye. 4f4 4 per cent; 00 day. 44014 per cent; 4 montna, titjt per cent; 5 month. 6 per cent; 6 months. per cant. The market for prime mercantile paper waa steady. Call money In London to day waa 34 per cent. Sterling exchange wag quiet with business In bankers' bill at 14.73 0-16 for demand, $4.72 for 00 day bills ud 84.7o fur 00 day bills. Vf. Chicago Dairy Produce . Chicago, Aug. 27. (I. N. Si Butter Re ceipts 15, 556 tuba. Creamery, extra, 41 Vic; extra firats, 41c; flrsta, o9&40Vc; packing tok. 33&iS3C Fg Receipt 16,063 case. Current re-, celpts, 31a334c; ordinary lrU, 3234 Hej ' firats, 30iS37r; extra, 884c; check. ISO 25c; dlrtiea, 261333c. Bid Ask. 864 87 844 86 04 07 82V, 83 4 05i 06 80 V4 004 ha 00 88 204 22 86V 86 804 804 80 00 104 1044 064 07 1V4 1 101 102 02 02V. 844 S5 Stocks, Bo oris, Cottoxt, Graiat, Cta. 216-217 Bosrai ol Trmdm Baildlng Overbeck&CookeCo. DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chicago Board of TrsaJs, C4stTMponleaU of Logan 4 Bryaat . . Caieago, Nerw York Morris Brothers, Inc. Railway Exchange Building Portland, .Oregon Established 1893 MUNICIPAL BONDS To net 5 to 6.50 7o The' New Income Tax Law now pending in Congress prov!df for a 4 norma! tax on all incomes; above jit, 000 of unmarried persons and $2,000 of married persons and heads of families, plus a graduated surtax of to 457 on incomes of 5,000 and upward, creating taxes ranging from 4 to 49, accordinf to amount of every person's Income. Municipal bonds are free from income taxation We own and offer a wide variety of municipal bonds netting from 4.40 to 6lA. Full details on request , , Lumbermens Trust Co. Capital and Surplus, $600,000 rifth and Stark, Portland, Or. Ja- 0 STOCKS-BONDS-MORTGAGES SECURITIES OFFERED BY PORTLAND HOUSES - vV ALL A tJO. Lewis Bldg. Phone Mar. 653 Investment Bonds Preferred Stocks Local Securities Amounts as small as $100 may be invested through us, and such i ; f M- .. . a . : . r .... a - ' ; - L orders receive as carciuj consiaeraiion as xnose ior larger guiua